RiverFront Investment Group LLC Purchases 59,385 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

RiverFront Investment Group LLC grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1,263.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,084 shares of the company’s stock after buying an additional 59,385 shares during the quarter. RiverFront Investment Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,210,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Braun Bostich & Associates Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 4.5% during the 4th quarter. Braun Bostich & Associates Inc. now owns 2,533 shares of the company’s stock worth $245,000 after acquiring an additional 109 shares in the last quarter. Vestia Personal Wealth Advisors lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.1% in the 4th quarter. Vestia Personal Wealth Advisors now owns 2,493 shares of the company’s stock worth $242,000 after purchasing an additional 121 shares during the period. Mount Yale Investment Advisors LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.5% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 8,246 shares of the company’s stock valued at $799,000 after purchasing an additional 122 shares in the last quarter. Cadent Capital Advisors LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 6.0% during the fourth quarter. Cadent Capital Advisors LLC now owns 2,172 shares of the company’s stock valued at $210,000 after buying an additional 123 shares during the period. Finally, Summit Financial Strategies Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF by 2.0% in the fourth quarter. Summit Financial Strategies Inc. now owns 6,185 shares of the company’s stock worth $599,000 after buying an additional 123 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.6 %

iShares Core U.S. Aggregate Bond ETF stock opened at $98.73 on Friday. The firm has a market cap of $125.39 billion, a P/E ratio of 125.34 and a beta of 0.22. The business has a fifty day moving average of $98.00 and a two-hundred day moving average of $98.45. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04.

iShares Core U.S. Aggregate Bond ETF Company Profile

IShares are index funds that are bought and sold like common stocks on national securities exchanges as well as certain foreign exchanges. iShares are attractive because of their relatively low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account.